Wed, Jun 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Isle of Man is open and ready for hedge fund business

Thursday, May 30, 2013

amb
Ian Morley
by Beverly Chandler, Opalesque London:

Ian Morley is currently founder of Wentworth Hall Consultancy but as a veteran of the European hedge fund industry, he is better known for his role as founder chairman of the forerunner of the current alternatives trade body AIMA, EMFA, the European Managed Futures Association.

These days find Morley advising the Isle of Man, one of the less well known of the UK’s offshore centres. "I try to help them increase their exposure in the funds industry generically" he says. The island has an active and diverse economy, from broad financial services including banking, insurance and fund administration, but they also have substantial businesses in shipping and aircraft registration, gaming, IT and listing AIM companies.

"The Isle of Man is positively encouraging hedge funds to choose the Island as a location and offering incentives" he says. The Island is offering 40% of certain costs covered for two years to new funds or start-up businesses who register there. "The Island wants to support hedge fund firms so that they can concentrate on raising and managing the money rather than hiring compliance consultants" Morley says.

Morley explains that the Regulator, the Financial Services Commission, realises how difficult it is for start-up funds to raise capital in the current market environment. "To make things easier for star......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.